A musician was guaranteed by the government that no one else could replicate or sell his music CDs. This is an example of a:

Game theory is a method of analyzing the strategic interaction that occurs between small numbers of

A) people. B) firms. C) countries. D) All of the above are correct.

Which of the following goods has a perfectly inelastic supply?

A) insulin B) Diet Pepsi C) the original portrait of "Whistler's Mother" D) compact discs by Bush